Minoa, NY is a small town in Upstate New York. It has a population of 8,000 people and is known for its outdoor activities such as fishing, skiing and snowmobiling. Rent for a two-bedroom apartment in Minoa is around $1,100 which is significantly lower than the US average rent for a two-bedroom at $1,430. Additionally, the grocery cost index in Minoa is 99 whereas that in the US is 100 - indicating that groceries may be slightly less expensive in Minoa than they are on average across America. For those looking to relocate or invest in Minoa, it might be valuable to look into local companies such as Minoa Motorsports, Tandem Farms Nursery and Tree Service or The Greek Grill & Pizzeria. By researching these companies and understanding their offerings and services as well as assessing the cost of living with data like rent and grocery costs in comparison to other cities can help inform an individual’s choice about where to live or invest.
Minoa has an unemployment rate of 6.5%. The US average is 6.0%.
Minoa has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Minoa
- The Sales Tax Rate for Minoa is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Minoa is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Minoa
- The average income of a Minoa resident is $30,979 a year. The US average is $28,555 a year.
- The Median household income of a Minoa resident is $72,500 a year. The US average is $69,021 a year.